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ORI Orica Limited

17.50
-0.09 (-0.51%)
Last Updated: 03:55:19
Delayed by 20 minutes
Share Name Share Symbol Market Type
Orica Limited ASX:ORI Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.09 -0.51% 17.50 17.49 17.51 17.505 17.36 17.41 222,644 03:55:19

Atlas Copco Divests Self Drilling Anchors Business To Minova

07/10/2011 9:38am

Dow Jones News


Orica (ASX:ORI)
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Swedish engineering company Atlas Copco AB [ATCO-A.SK] said Friday it has sold its business related to self drilling anchors to Minova, a unit of Australian Orica Limited (ORI.AU).

 
   MAIN FACTS: 

-The parties have agreed not to disclose the price of the transaction.

-The divested business, which is based in Feistritz, Austria, has annual revenues of approximately SEK100 million.

-About 45 people are affected by the change of ownership, and will be offered employment by Minova.

-At 0806 GMT, shares were trading flat at SEK127.60.

-By Niclas Rolander; Dow Jones Newswires; +46-8-5451-3102; niclas.rolander@dowjones.com

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